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§ Private Profile · Bengaluru, Karnataka, India
Automotive e-commerce platform for buying and selling refurbished used two-wheelers, offering warranties, services, and returns for Indian consumers.
Founded in 2020 by Hemir Doshi and Abhishek Saraf, BeepKart is a digital automotive ecommerce platform based in Bengaluru that acquires, refurbishes, and sells used two-wheelers directly to consumers. The online marketplace operates a full stack retail model targeting value conscious commuters, students, and gig workers seeking reliable personal mobility in India. To ensure buyer trust in the used vehicle market, the platform provides standardized quality reports, fixed pricing, vehicle financing, and post-sale benefits including one year warranties and free servicing. The company has scaled operations with a 40 member team and raised approximately $18.5 million in total equity funding to fuel expansion beyond its core markets. BeepKart secured a $9 million Series A round in 2022 and a $6.5 million extension in 2024 from prominent investors including Vertex Ventures, Stellaris Venture Partners, and Chiratae Ventures.
BeepKart has raised $18.5M across 3 funding rounds.
BeepKart has raised $18.5M in total across 3 funding rounds.
BeepKart has raised $18.5M across 3 funding rounds. Most recently, it raised $6.5M Series A Extension in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 12, 2024 | $6.5M Series A Plus | Manoj Kumar | Chiratae Ventures, Stellaris Venture Partners, Vertex Ventures | Announced |
| Oct 19, 2022 | $9M Series A | — | Kunal Shah, Rajesh Yabaji, Ramakant Sharma, Sahil Barua, TC Meenakshisundaram, Varun Alagh, Vivekananda Hallekere, Ritesh Banglani | Announced |
| Sep 22, 2021 | $3M Seed | TC Meenakshisundaram, Ritesh Banglani | Kunal Shah, Rajesh Yabaji, Ramakant Sharma, Sahil Barua, Varun Alagh, Vivekananda Hallekere | Announced |
BeepKart has raised $18.5M in total across 3 funding rounds.
BeepKart's investors include Manoj Kumar, Chiratae Ventures, Stellaris Venture Partners, Vertex Ventures, Kunal Shah, Rajesh Yabaji, Ramakant Sharma, Sahil Barua, TC Meenakshisundaram, Varun Alagh, Vivekananda Hallekere, Ritesh Banglani.